Levitate a coin using two powerful magnets

I was wondering if you could levitate a coin using two powerful magnets on wither side of the coin? I mean, if the magnets equally attract the coin(provided they are equally strong), there must be a point where the force of attraction from both the magnets is equal and if that point can be found, it must be possible that the coin just stays in air, being equally attracted by the magnets. Or is it that the magnets might cancel out each others forces, and that point might be a null point? Thanks! :)